What is TernPro?
TernPro, established in 2013, is the creator of 'Slope', a product developed the following year. The company's journey began with incubation at the Bizdom startup accelerator in Detroit. Subsequently, the TernPro team relocated to the Seattle area to participate in the Microsoft Ventures accelerator program in 2015. This strategic positioning within prominent startup ecosystems highlights TernPro's commitment to leveraging accelerator resources for growth and product refinement. The company has previously raised over $1.5 million across two equity financing rounds, indicating a steady trajectory of investor confidence and capital acquisition.
How much funding has TernPro raised?
TernPro has raised a total of $395K across 1 funding round:
Angel/Seed
$395K
Angel/Seed (2015): $395K with participation from Venture For America and Bizdom
Key Investors in TernPro
Venture For America
Venture For America is a fellowship program focused on developing entrepreneurial talent and fostering job creation in American cities, often investing in early-stage ventures.
Bizdom
Bizdom is a startup accelerator that provides resources and support for early-stage companies, with a focus on fostering innovation and business growth.
What's next for TernPro?
With a substantial total funding amount of $395K and a recent major strategic investment of $395K, TernPro is well-positioned for its next phase of growth. The company's history of participating in accelerators like Bizdom and Microsoft Ventures suggests a focus on scalable development and market penetration. This latest financing round, characterized as a 'major strategic investment', likely signals a move towards scaling operations, expanding market reach, or potentially developing new product lines. TernPro's strategic use of capital will be key to solidifying its position and achieving long-term success in its industry.
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